On June 12, Megan Co. agreed to sell the assets of its Active Wear Division to LuluLime Inc. The following additional facts pertain to the transaction: The Active Wear Division qualifies as a component of the entity according to GAAP regarding discontinued operations. The book value of Active Wear's assets totaled $43.2 million on December 31, 2021. Active Wear's operating income was a pre-tax loss of $18 million in 2021. Suppose that the Active Wear Division had been sold on December 15, 2021 at $72 million and that the reported net income on the income state for the period ended Dec 31, 2021 was $64.8 million. Provided that the effective tax rate is 25%, what was Megan Co's pre-tax income from continuing operations? $56.7 million income O $69.3 million income. O $64.8 million income. O $75.6 million income